NBCC Q4 profit falls 10% to Rs 150 crore

INSUBCONTINENT EXCLUSIVE:
MUMBAI: State-owned project management consultancy firm NBCC has reported 9.7% on-year decline in consolidated net profit at Rs 150.41 crore
for the quarter ended March
to Rs 372.14 crore, while total income declined 6.3% to Rs 7,095.91 crore, the company said in a regulatory filing. During the year on March
31, 2018, the company has acquired 51% of equity share capital in Hindustan Steelworks Construction Ltd (HSCL), which was previously 100%
owned by the government of India
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